(Dec 22): Grain and oilseed futures edged up in the US, as attacks on both Ukrainian and Russian infrastructure added to fresh worries over crop exports from the key Black Sea region. Russia stepped up attacks at Ukraine’s Odesa ports in the Black Sea, including Pivdennyi, the country’s largest. Meanwhile, Russia said a drone attack damaged infrastructure and vessels at the Black Sea port of Taman, which handles products including grains, fertilisers and oil. Ukraine and Russia are major exporters of grain and sunflower oil, and the recent pickup in attacks on infrastructure risks slowing the pace of shipments. Palm oil futures in Kuala Lumpur also climbed, partly as the attack on the Ukrainian sunflower oil terminals sparked supply concerns, said Anilkumar Bagani, head of research at Mumbai-based Sunvin Group.

Source: The Edge Markets December 22, 2025 11:04 UTC